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Licensing Requirements Flashcards

7 cards from real OMVIC practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Licensing Requirements flashcards as text
  1. Under OMVIC regulations, what must a registered salesperson do if they leave their current employer to work for a different dealership?

    Answer: Notify OMVIC and transfer their registration to the new dealer

    A salesperson's registration is tied to their sponsoring dealer, so they must transfer their registration to the new dealer through OMVIC when changing employers.

  2. Which of the following individuals is EXEMPT from requiring an OMVIC registration to sell motor vehicles?

    Answer: A private individual selling their own personal vehicle

    Private individuals selling their own personal vehicles are exempt from OMVIC registration requirements since they are not in the business of trading in motor vehicles.

  3. What is the maximum number of vehicles a business can sell in Ontario per year before being required to register as a motor vehicle dealer with OMVIC?

    Answer: 4

    Selling more than 4 vehicles per year triggers the requirement to register as a motor vehicle dealer under the MVDA.

  4. An applicant for an OMVIC dealer registration has a prior criminal conviction. How does OMVIC handle this situation?

    Answer: Review the nature, severity, and relevance of the offence before deciding

    OMVIC conducts a case-by-case review considering the type of offence, its relevance to the motor vehicle trade, and rehabilitation evidence rather than applying an automatic ban.

  5. Under the MVDA, which class of dealer registration allows a business to sell ONLY motorcycles and not other motor vehicles?

    Answer: Motorcycle dealer

    The motorcycle dealer registration class is specifically designed for businesses whose inventory is limited to motorcycles and related vehicles.

  6. A salesperson's OMVIC registration is currently under suspension. What is the legal consequence if they continue to sell vehicles during the suspension period?

    Answer: They may face fines and/or prosecution under the MVDA

    Selling vehicles while under suspension is a violation of the MVDA and can result in significant fines and potential criminal prosecution.

  7. How long does a new OMVIC salesperson registration remain valid before renewal is required?

    Answer: 1 year

    OMVIC salesperson registrations are valid for one year and must be renewed annually along with the associated renewal fee.